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85- 00 ,5072 <br />F1tSI FEDMAL LP&VLN <br />ACKNOWLEDGEMENT <br />r <br />I/W e, Leo H. Machmuller, Jr. and Kathleen E. Machmuller, Husband and Wife <br />( "Trustor "), that certain Dee o Trust dated October 11, 1985, <br />un er <br />( "Deed of Trust ") to be entered into among Trustor, Jnaanh H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering t e o owing escri e property: <br />LEGAL DESCRIPTION: Lot 1, Block 3, Normandy Estates, an Addition <br />to the City of Grand Island, Hall County, <br />Nebraska <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a <br />mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br />Executed and delivered this 11th day of October 1985 <br />TrTrustor <br />Ur <br />Trustor` <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged m <br />ebe `ore met and <br />11th <br />day of October , 19_ by Leo <br />Kathleen E. Machmuller, Husband and Wife <br />Witness my hand and notarial seal at Grand Island, Nebraska <br />in said County, the date aforesaid. <br />My commission expires: _ <br />� ►M1MIr-N.0 � NNu.►. r <br />0. WW Notary u is <br />U, a.a a* wr n. i <br />845A <br />U <br />L L J <br />�m <br />